Vietnam strongly attracts investment capital in innovation

The above information is the data in the report Creative innovation and Vietnam Technology Investment announced by the National Innovation Center, Ministry of Planning and Investment on the morning of April 21, on the occasion of World Innovation Day April 21.

The fields of payments, e-commerce and online gaming are receiving the most investment. The total number of transactions over 10 million USD has exceeded 1 billion USD, an increase of more than 250% compared to the previous year.

The above results put Vietnam third in Southeast Asia in terms of both the number of investments and the value of capital invested in startups. In addition to the four tech unicorns that are startups valued at over $1 billion, the number of companies valued at several hundred million dollars is also growing strongly.

COVID-19 pandemic has strongly promoted digital transformation, developed the innovation and start-up ecosystem.

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